If data is the new oil, most companies are struggling not to drown in it. But not Micron Technology. The Boise-based chipmaker has created an early blueprint for what experts are calling the factory of the future, one almost entirely automated with software that analyzes data about products as well as the tools used to make them. By blending a centralized data management strategy with machine learning software, Micron is reducing waste associated with inefficient processes, boosting cumulative yield and accelerating time to market.

“We have tons of data coming out of the machines on our factory floor, from our supply-chain network and other areas, so there is a competitive advantage to get to predictive and prescriptive analytics,” says Micron CIO Trevor Schulze, who created a team that harnesses data and analytics in search of top-line growth.

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